Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJadestone Energy Share News (JSE)

Share Price Information for Jadestone Energy (JSE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 31.50
Bid: 31.00
Ask: 32.00
Change: 0.00 (0.00%)
Spread: 1.00 (3.226%)
Open: 31.50
High: 32.00
Low: 31.50
Prev. Close: 31.50
JSE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Luceco tops guidance; Jadestone seals Malaysia buy

Fri, 16th Jul 2021 14:28

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

----------

Luceco PLC - LED lighting products supplier - Says revenue in first half grows 51% to GBP108 million, 31% higher than two years earlier. Adjusted operating profit of GBP19 million is expected for first half, topping previous guidance of GBP18 million and up sharply from GBP9.0 million. Revenue to beat old guidance of GBP105 million. "Strong growth versus 2019 underlines the extent of our ongoing market share gains, particularly during Covid," Luceco says. Tips 2021 revenue to rise over 25% to GBP220 million, which would be 28% higher than 2019. Eyes adjusted operating profit of GBP39 million, rising 30% annually and more than double 2019.

----------

Jadestone Energy PLC - oil and gas producer in Asia-Pacific - Says all conditions needed to seal acquisition of Malaysian assets from SapuraOMV Upstream Sdn Bhd have been met. This includes consent from Petroliam Nasional Bhd, or Petronas, Malasyian state-owned oil and gas firm. Jadestone adds: "Jadestone and SapuraOMV will now proceed to complete the transaction, which will entail Jadestone paying the headline consideration of USD9 million."

----------

Rainbow Rare Earths Ltd - rare earth element mining in Burundi, East Africa - Notes civil unrest in South Africa. Says work at rare earth project located in Phalaborwa continues "unabated" and has been unaffected by rioting and looting.

----------

Good Energy Group PLC - Wiltshire-based renewable electricity supplier - Launches new energy tariff for electric vehicle drivers. New tariff, named 'Green Driver', is cheaper alternative and offers off-peak EV charging services. "The two tariffs are designed to give customers a choice of off-peak charging period to suit their needs and help those that have an EV to save money on their energy bills. These tariffs have been designed based on customer feedback, highlighting a requirement for a slightly longer charging period," Good Energy says.

----------

HeiQ PLC - London-based textiles technology firm - Signs collaboration pact with Lycra Co, provider of textiles to apparel and personal care industries. "The collaboration will lead to the launch of many new innovative, quality-enhancing and sustainable textile technologies addressing needs for stretch, antimicrobial, freshness, warming and cooling," HeiQ says. HeiQ says both firm's products will be jointly-marketed by companies. HeiQ adds: "The first innovation will be launched in Q3 2021, combining HeiQ's freshness and antiviral benefits with the quality and comfort of Lycra Co's stretch fabrics, bringing a new dimension of comfort and confidence to consumers."

----------

Bonhill Group PLC - London-based business-to-business media - Says trading in first half of 2021 in line with market expectations. However, as announced in May, Bonhill tips first half revenue to be lower year-on-year amid Covid-19 curbs hurting live events. Revenue in first half of year prior was GBP7.8 million. Tips second quarter like-for-like sales to rise 9%, however. Expects pretax loss expected to narrow from GBP11.1 million amid cost savings.

----------

Filtronic PLC - Yeadon, England-based manufacturer of products for the aerospace, defence telecoms infrastructure and critical communications markets - Outlines plan for a "brand refresh". Part of plan is new company logo. "This brand refresh gives Filtronic a modern platform - a new identity that tells our story, refreshes our look and is aligned with the company strategy," Filtronic says.

----------

RBG Holdings PLC - London-based law firm - Says traded in line with expectations in six months to June 30. Plans to pay 2 pence per share interim dividend. In respect to 2020, company made just one 3p distribution, having deferred interim payout. Notes Legal Services unit "performed well", while Litigation Finance has three large cases ongoing.

----------

PRS REIT PLC - real estate investment trust focusing on new-build family homes for the private rental market - Completes 4,000th new rental home. Believes it has "largest build-to-rent single family rental portfolio in the UK". New completion takes estimated rental value to GBP37.7 million. Sigma Capital Group PLC's subsidiary, Sigma PRS Management Ltd, is investment adviser to PRS REIT. Sigma Capital notes PRS REIT's release.

----------

Creo Medical Group PLC - Chepstow, Wales-based medical device company specialising in surgical endoscopy - Opens US headquarters in Danbury, Connecticut. Creo says site will support global growth plans, as well as US focus. "We are delighted and proud to have opened our first United States facility, illustrating our commitment to growth and our focus on the key United States Market," Chief Executive Officer Craig Gulliford says.

----------

Nucleus Financial Group PLC - Edinburgh-based financial services provider - Says assets under management at June 30 rise 5.1% quarter-on-quarter to GBP18.87 billion from GBP17.96 billion. Assets under management in second quarter up 19% annually. Reports quarterly inflows of GBP578 million and outflows of GBP385 million, giving net flows of GBP193 million.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
10 Feb 2022 11:39

Jadestone Energy upbeat on outlook despite Maari delays

(Sharecast News) - Asia-Pacific oil and gas producer Jadestone Energy said on Thursday that 2022 production was expected to average 15,500 to 18,500 barrels of oil equivalent per day - a 36% increase on 2021, with around 95% of that being oil.

Read more
1 Feb 2022 09:37

LONDON BROKER RATINGS: Imperials Brands raised; HSBC likes Fevertree

LONDON BROKER RATINGS: Imperials Brands raised; HSBC likes Fevertree

Read more
27 Jan 2022 20:20

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

Read more
27 Jan 2022 15:35

Jadestone Energy meets 2021 production guidance

(Sharecast News) - Asia-Pacific oil and gas production company Jadestone Energy reported average 2021 production of 12,545 barrels of oil equivalent per day in a trading update on Thursday, in line with expectations and its guidance range.

Read more
23 Dec 2021 14:27

EXECUTIVE CHANGES: PCF chair departs; Celtic CEO confirmed

EXECUTIVE CHANGES: PCF chair departs; Celtic CEO confirmed

Read more
16 Dec 2021 17:22

TRADING UPDATES: Confident outlooks from Hunting, Audioboom, SigmaRoc

TRADING UPDATES: Confident outlooks from Hunting, Audioboom, SigmaRoc

Read more
16 Dec 2021 13:08

Jadestone Energy achieves annual daily production target

(Sharecast News) - Asia-Pacific-focussed oil and gas production company Jadestone Energy updated the market on its operations and guidance for 2021 on Thursday, reporting that it achieved the target of delivering around 20,000 barrels of oil equivalent of production per day by year-end.

Read more
1 Dec 2021 19:27

TRADING UPDATES: Peel Hunt revenue tanks; Marlowe reaffirms guidance

TRADING UPDATES: Peel Hunt revenue tanks; Marlowe reaffirms guidance

Read more
24 Nov 2021 21:15

IN BRIEF: Jadestone Energy picks up remaining 10% stake in Lemang PSC

IN BRIEF: Jadestone Energy picks up remaining 10% stake in Lemang PSC

Read more
24 Nov 2021 12:05

Jadestone buys defaulting partner out of Lemang project

(Sharecast News) - Asia-Pacific focussed oil and gas production company Jadestone Energy announced the acquisition of a 10% interest in the Lemang production sharing contract (PSC) on Wednesday.

Read more
15 Oct 2021 11:29

Berenberg upgrades BP, Harbour Energy to 'buy'

(Sharecast News) - Berenberg upgrade its stance on a host of oil and gas stocks on Friday - including BP - as it argued that share prices across the oil sector remain cheap, with further consensus upgrades to come as higher commodity prices are reflected in estimates.

Read more
15 Oct 2021 09:32

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

Read more
28 Sep 2021 11:22

IN BRIEF: Jadestone Energy begins production at offshore Montara well

IN BRIEF: Jadestone Energy begins production at offshore Montara well

Read more
28 Sep 2021 08:53

Jadestone Energy commences production at Montara H6 development well

(Sharecast News) - Independent oil and gas producer Jadestone Energy said on Tuesday that its Montara H6 development well had been successfully tied into field facilities and commenced production.

Read more
9 Sep 2021 12:17

Jadestone first half production slightly ahead of plan

(Sharecast News) - Jadestone Energy reported first half production of 9,934 barrels per day, which was slightly ahead of plan but 18% lower than the first half of 2020.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.